Atlar, a Stockholm, Sweden-based provider of a bank payments platform for automated money movement, raised €5M in Seed funding.
The round was led by Index Ventures, La Famiglia VC, and Cocoa VC, with participation from Mikko Salovaara, Thijn Lamers and Prof. Dr. Jan Kemper.
The company intends to use the funds to expand operations and its business reach.
Led by Joel Nordström, Joel Wägmark, and Johannes Elgh, Atlar is building a platform that lets businesses automate all of their payment activities – including initiating transfers, reconciling transactions, and handling direct debits – directly with their existing bank partners. a bank payments platform for automated money movement. Users can initiate transfers, manage direct debits & access to company’s bank data through an API and dashboard.
FinSMEs
10/11/2022